Remember to File for an Extension, if you need it!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. I’m writing this to remind taxpayers that if you can’t to file your tax returns by the date the returns are due, to please file for an Extension. Read more about Remember to File for an Extension, if you need it![…]

Got Cancelled Debt, How Much is Income?

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The IRS recently disagreed with a Tax Court case on the insolvency exclusion and pensions. Under the Internal Revenue Code, taxpayers whose liabilities are greater than the value Read more about Got Cancelled Debt, How Much is Income?[…]